Hot Real Estate Summer

Dated: July 14 2021

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Hot Market Summer

In a typical summer market, sales start to slow down after a robust spring market. This summer is anything but typical for the following reasons: 

1. Inventory has been rising since February. This can bring some relief to buyers that are looking, but inventory is still lower than the norm. 

2. Average Days on Market is still shorter than normal, averaging around 17 days. Homes are selling faster than a typical summer. 

3. Median Home Price is still rising and house appreciation is averaging over 12%. Serious buyers need to be fully preapproved to know what they can afford and let sellers know they are serious. 

Whether you are buying or selling, let me help you  capitalize on these market conditions. 

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Brenda Revelle-Wilson

I grew up in North Carolina. I earned my Master's degree at East Carolina University and started a career in Allied Health Sciences. I was licensed as an Audiologist and helped people to improve their....

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